Bitcoin

Dollar Retreats, Bitcoin and Gold Near Record Highs

The dollar retreated on Wednesday ahead of the Federal Reserve (Fed) Chairman's hearing before Congress, including data that could confirm expectations of an imminent interest rate cut, while bitcoin and gold remained close to their record highs. Fed chair Jerome Powell is due to answer questions from a House of Representatives committee on ...

Bitcoin Hits New Record Above $70,000

On Friday, Bitcoin reached a new historic high, surpassing $70,000, driven by the growing risk appetite of investors who seem to overlook the scandals, bankruptcies, and colossal losses of recent years. Bitcoin soared to $70,085.85, a new peak since its creation, before experiencing a slight decline. The leading cryptocurrency exceeded its ...